The Union Finance Ministry has decided that sports infrastructure will be included under the harmonised master list of infrastructure sub-sectors. Earlier, the Ministry of Youth Affairs & Sports...
The Union Cabinet has given its approval to raise Rs. 31,300 crore in FY 2016-17 to augment infrastructure spending. Besides, it has also given approval to service principal...
India and Nepal have signed three Memorandum of Understanding (MoUs) for post-earthquake reconstruction, Road infrastructure in Tarai and Line of Credit. These agreements were inked during the four...
Canada’s British Columbia province has become the first foreign government to issue of masala bonds, a rupee-denominated bond. It had issued Rs 500 crore rupee denominated overseas bonds...
Maharashtra Government has unveiled ambitious Mumbai-Nagpur Super Communication Expressway project in Mumbai. The 46,000-crore rupee ambitious project will create state-of-the art road connectivity within a period of three...
Kerala Government has launched Kochi Water Metro project, the first ever Water Metro project in the country. It was launched by Kerala Chief Minister Pinarayi Vijayan at Kochi....
The Union Cabinet has given its approval for Revised Cost Estimate (RCE) of 7290.62 crore rupees for the ongoing 1020 MW Punatsangchhu-II Hydroelectric Project (HEP) in Bhutan. The...
The Cabinet Committee on Economic Affairs (CCEA) has approved the disinvestment of 15% paid up equity of National Buildings Construction Corporation Limited (NBCC). Decision in this regard was...
The Union Government has appointed Sujoy Bose as the first Chief Executive Officer (CEO) of National Investment and Infrastructure Fund (NIIF). His selection for the CEO of NIIF...
The China-led Asian Infrastructure Investment Bank (AIIB) has approved first set of loans totalling US 509 million dollars to finance projects in four countries viz. Bangladesh, Pakistan, Indonesia...
The Asian Development Bank (ADB) has approved a 500 million dollars loan to build a bridge across the Ganga River in Bihar. The loan funds will be used...
The Inland Waterways Authority of India (IWAI) and India Ports Global Private Limited (IPGPL) have signed a MoU for implementation of additional works on the Kaladan Multimodal Transit...
